Congratulations to our Door Prize winners! Dan Bowman, Grand Prize, 2 Hours Succession Planning ($400 Value) Barbara Maple, Pair of Stadium Chairs Joyce Trout, KCPA t-shirt and cap Chris Smith, KCPA t-shirt and cap Cheryl Gerber, RTIC tumbler Andy Wyss, RTIC tumbler...
by Mark Parker Now that you are 70 ½ years old, and you own a traditional IRA, the IRS requires you to take or withdraw a required minimum distribution (RMD) each year for the rest of your life. The amount is calculated each year based on...
By Brandy Swope, CPA For the past few days, I have been participating in a National Agriculture Conference developed by the AICPA (American Institute of Certified Public Accountants). Many nationally-recognized experts have been speaking. Kline's CPA Group prides itself in our understanding of the agricultural industry. It...
The Brian Kline Legacy Fund for Youth for Christ of Northern Indiana has been established to honor the life and legacy of Brian Kline. Brian was an active member of the Board of Directors for YFC for many years. He served as the chairman of...
Trent Wolfe will be presenting on the new tax bill at the Fort Wayne Show next Wednesday evening, January 17, at 5:30 p.m. If you are heading to the farm show during the day or a different day, change your plans and receive some insight related...
With the passage of the Tax Cuts and Jobs Act in December 2017, we have received numerous phone calls and emails related to the new rules regarding a limitation of property taxes and state income taxes. One item that has not been affected by the...
Kline's CPA recently took part in the WOWO sponsored Midwest Ag's Farmer Forum 2017 held at Huntington University. Around 70 farmers from across our area attended the Sept 14 breakfast event emceed by Rob Winters, Farm Director at WOWO. Speakers for this event focused on...
Sales tax on tile ditching has been a hot topic of conversations with several clients over the past month. Indiana has enacted Senate Bill 515 as of July 1, 2017, which includes a sales tax exemption on certain field tile and components. Farm Bureau has...
Schools must send their students a 1098-T form to report the amount of qualified education expenses paid by the student during the year. This form is important because the information it reports is used to calculate many of the educational tax benefits the IRS offers. The...
Due to changes in the law, starting in 2017, the IRS can't issue refunds before Feb. 15 for returns that claim the Earned Income Credit (EIC) or the Additional Child Tax Credit (ACTC). This applies to the entire refund, not just the portion associated with...